Housing costs in Fayette?
A typical home costs
$89,100, which is 73.6% less expensive than the national average of
$338,100 and 42.6% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Fayette costs
$660 per month, which is 53.8% cheaper than the national average of
$1,430 and 34.8% cheaper than the state average of
$890.
Can I afford Fayette?
To live comfortably in Fayette, Mississippi, a minimum annual income of
$16,920 for a family, and
$20,400 for a single person is recommended.
What does A.I. say about Fayette?
Fayette, MS is an affordable place to live with a low cost of living. The median home price is just over $50,000 and the median monthly rent for a one-bedroom apartment is around $500. Groceries are quite affordable, and the overall cost of living in Fayette is about 8% lower than the national average. This makes it a great option for those looking for an affordable place to call home without sacrificing their quality of life.